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Baxter International Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Baxter International Inc.’s Form 8-K, filed 2026-05-08 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 19Reported items
  • 765Asset managers
  • 7,642Fund votes
  • 2026-05-05Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Baxter International Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Baxter International Inc.

These tallies are Baxter International Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-05-08 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Baxter International Inc. — official shareholder meeting results, meeting held 2026-05-05
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: William A. Ampofo II 438,389,1102,195,357282,944 --42,556,435 Majority: yes
Elect Director: Jeffrey A. Craig 435,695,9424,836,957334,512 --42,556,435 Majority: yes
Elect Director: Andrew P. Hider 438,754,1241,773,327339,960 --42,556,435 Majority: yes
Elect Director: Michael R. McDonnell 438,799,1491,737,319330,943 --42,556,435 Majority: yes
Elect Director: Patricia B. Morrison 437,754,9412,865,165247,305 --42,556,435 Majority: yes
Elect Director: Nancy M. Schlichting 431,775,8188,824,196267,397 --42,556,435 Majority: yes
Elect Director: Brent Shafer 430,536,98710,050,968279,456 --42,556,435 Majority: yes
Elect Director: Amy A. Wendell 435,678,1974,928,350260,864 --42,556,435 Majority: yes
Elect Director: David S. Wilkes, M.D. 437,972,9522,561,231333,228 --42,556,435 Majority: yes
(b) By the following vote, stockholders approved, on an advisory basis, the compensation paid to the Company's named executive officers for 2025: 401,367,90938,914,808584,694 --42,556,435 Majority: yes
(c) By the following vote, stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026: 469,181,19913,861,016381,631 ---- Majority: yes

Source: Baxter International Inc., Form 8-K, filed with the SEC on 2026-05-08 — read the filing on EDGAR.

How asset managers voted at the Baxter International Inc. 2025-2026 meeting

Each item below shows how the 765 asset managers that disclosed a Baxter International Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Baxter International Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory Vote to Approve Named Executive Officer Compensation for 2025

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 19 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%
FOR: 401,367,909AGAINST: 38,914,808

Baxter International Inc.’s own tally for this item (“(b) By the following vote, stockholders approved, on an advisory basis, the compensation paid to the Company's named executive officers for 2025:”): 401,367,909 for, 38,914,808 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 78% for, 8% against (85% of the company cast a for/against vote).

The 753 asset managers below cast 94% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 94%
FOR: 94.4%AGAINST: 5.6%ABSTAIN: 0.0%NOT VOTED: 0.0%
Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation for 2025” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Dodge & Cox98,217,7890 00For
Vanguard79,937,595121,313 30For
Fidelity70,748,248222,000 00For
PZENA INVESTMENT MANAGEMENT LLC55,746,5490 00For
BlackRock52,261,61136,835 00For
GEODE CAPITAL MANAGEMENT, LLC13,701,5650 00For
GREENHAVEN ASSOCIATES INC12,759,8140 00For
Charles Schwab11,178,9691,759 00For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO6,225,0600 00For
First Pacific Advisors, LP5,617,6140 00For
EQUITY INVESTMENT CORP05,488,832 00Against
State Street4,886,885138,697 00For
Invesco4,733,7520 00For
Bridge Builder Trust3,708,546474,300 00For
Investment Managers Series Trust III3,681,3310 00For
Northern Trust3,291,78529,152 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC3,006,2020 00For
Lincoln Financial2,913,04632,631 00For
Goldman Sachs2,868,8630 00For
THOMPSON SIEGEL & WALMSLEY LLC2,633,3880 00For
John Hancock1,982,864218,229 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.2,188,3240 00For
Edward D. Jones & Co., L.P.2,135,3320 00For
Lazard2,117,8760 00For
LSV ASSET MANAGEMENT02,110,055 00Against

Showing the 25 largest of 753 asset managers. See all 753 in the interactive database.

2. Approval of the Baxter International Inc. Second Amended and Restated 2021 Incentive Plan

COMPENSATION

Meeting held 2026-05-05.

Combines 3 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 111 asset managers below cast 95% of the shares they voted on this item FOR (229,306,382 for, 12,140,812 against).

FOR: 229,306,382 (95.0%)AGAINST: 12,140,812 (5.0%)ABSTAIN: 11,871 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Approval of the Baxter International Inc. Second Amended and Restated 2021 Incentive Plan” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,630,338370 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,449,6849,990 00For
GREENHAVEN ASSOCIATES INC12,759,8140 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust938,2653,244,581 00Against
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,913,04632,631 00For
Invesco2,217,7250 00For
John Hancock1,451,625403,085 00For
ADVISORS SERIES TRUST239,5481,092,900 00Against
Transamerica14,6441,289,557 00Against
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.01,092,900 00Against
LIBERTY ALL STAR EQUITY FUND0753,235 00Against
Nationwide589,59634,401 00For
FundVantage Trust0525,447 00Against
State Street506,059220 00For
JPMorgan0454,768 00Against
Jackson National370,77766,584 00For
AIG/SunAmerica0402,135 00Against
Equitable369,6400 00For
T. Rowe Price0350,271 00Against
James Alpha Funds Trust0331,974 00Against

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

3. Ratification of Appointment of Independent Registered Public Accounting Firm for 2026

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 469,181,199AGAINST: 13,861,016

Baxter International Inc.’s own tally for this item (“(c) By the following vote, stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026:”): 469,181,199 for, 13,861,016 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 91% for, 3% against (94% of the company cast a for/against vote).

The 110 asset managers below cast 99.9% of the shares they voted on this item FOR (229,339,803 for, 212,733 against).

FOR 99.9%
FOR: 229,339,803 (99.9%)AGAINST: 212,733 (0.1%)ABSTAIN: 11,871 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Ratification of Appointment of Independent Registered Public Accounting Firm for 2026” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,589,11541,594 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,457,3612,313 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide589,59634,401 00For
FundVantage Trust525,4470 00For
State Street506,2736 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

4. Election of Directors: David S. Wilkes, M.D.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 8 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 437,972,952AGAINST: 2,561,231

Baxter International Inc.’s own tally for this item (“Elect Director: David S. Wilkes, M.D.”): 437,972,952 for, 2,561,231 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 85% for, 0.5% against (85% of the company cast a for/against vote).

The 109 asset managers below cast 99.9% of the shares they voted on this item FOR (229,410,892 for, 93,558 against).

FOR 99.9%
FOR: 229,410,892 (100.0%)AGAINST: 93,558 (0.0%)ABSTAIN: 12,807 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: David S. Wilkes, M.D.” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,551,08079,626 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,452,6397,035 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street505,3430 9360For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

5. Election of Directors: Michael R. McDonnell

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 8 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 438,799,149AGAINST: 1,737,319

Baxter International Inc.’s own tally for this item (“Elect Director: Michael R. McDonnell”): 438,799,149 for, 1,737,319 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 85% for, 0.4% against (85% of the company cast a for/against vote).

The 109 asset managers below cast 99.9% of the shares they voted on this item FOR (229,505,376 for, 9 against).

FOR 99.9%
FOR: 229,505,376 (100.0%)AGAINST: 9 (0.0%)ABSTAIN: 11,871 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Michael R. McDonnell” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,630,6989 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,459,6740 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street506,2790 00For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

6. Election of Directors: Nancy M. Schlichting

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 431,775,818AGAINST: 8,824,196

Baxter International Inc.’s own tally for this item (“Elect Director: Nancy M. Schlichting”): 431,775,818 for, 8,824,196 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 84% for, 2% against (85% of the company cast a for/against vote).

The 109 asset managers below cast 99.9% of the shares they voted on this item FOR (229,343,116 for, 161,335 against).

FOR 99.9%
FOR: 229,343,116 (99.9%)AGAINST: 161,335 (0.1%)ABSTAIN: 12,807 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Nancy M. Schlichting” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,551,05479,653 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,452,6397,035 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street505,3430 9360For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

7. Election of Directors: Patricia B. Morrison

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 7 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 437,754,941AGAINST: 2,865,165

Baxter International Inc.’s own tally for this item (“Elect Director: Patricia B. Morrison”): 437,754,941 for, 2,865,165 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 85% for, 0.6% against (85% of the company cast a for/against vote).

The 109 asset managers below cast 99.8% of the shares they voted on this item FOR (229,231,759 for, 272,692 against).

FOR 99.8%
FOR: 229,231,759 (99.9%)AGAINST: 272,692 (0.1%)ABSTAIN: 12,807 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Patricia B. Morrison” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,551,07979,628 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,452,6397,035 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street505,3430 9360For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

8. Election of Directors: Amy A. Wendell

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 435,678,197AGAINST: 4,928,350

Baxter International Inc.’s own tally for this item (“Elect Director: Amy A. Wendell”): 435,678,197 for, 4,928,350 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 84% for, 1.0% against (85% of the company cast a for/against vote).

The 108 asset managers below cast 99% of the shares they voted on this item FOR (227,151,485 for, 2,347,121 against).

FOR 99%
FOR: 227,151,485 (99.0%)AGAINST: 2,347,121 (1.0%)ABSTAIN: 12,807 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Amy A. Wendell” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,551,06879,639 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,452,6397,035 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST239,5481,092,900 00Against
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.01,092,900 00Against
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street505,3430 9360For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

9. Election of Directors: Brent Shafer

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 430,536,987AGAINST: 10,050,968

Baxter International Inc.’s own tally for this item (“Elect Director: Brent Shafer”): 430,536,987 for, 10,050,968 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 83% for, 2% against (85% of the company cast a for/against vote).

The 108 asset managers below cast 99% of the shares they voted on this item FOR (226,539,454 for, 2,959,152 against).

FOR 99%
FOR: 226,539,454 (98.7%)AGAINST: 2,959,152 (1.3%)ABSTAIN: 12,807 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Brent Shafer” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,551,07279,635 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,452,6397,035 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,832,155113,522 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST239,5481,092,900 00Against
Transamerica1,291,87912,322 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.01,092,900 00Against
RWC Asset Management LLP801,5310 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street358504,985 9360Against
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

10. Election of Directors: William A. Ampofo II

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 7 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 438,389,110AGAINST: 2,195,357

Baxter International Inc.’s own tally for this item (“Elect Director: William A. Ampofo II”): 438,389,110 for, 2,195,357 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 85% for, 0.5% against (85% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (228,703,844 for, 11 against).

FOR 99.9%
FOR: 228,703,844 (100.0%)AGAINST: 11 (0.0%)ABSTAIN: 11,871 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: William A. Ampofo II” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,630,69711 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,459,6740 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street506,2790 00For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For
SEI287,5450 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

11. Election of Directors: Jeffrey A. Craig

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 435,695,942AGAINST: 4,836,957

Baxter International Inc.’s own tally for this item (“Elect Director: Jeffrey A. Craig”): 435,695,942 for, 4,836,957 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 84% for, 1.0% against (85% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (228,636,246 for, 67,609 against).

FOR 99.9%
FOR: 228,636,246 (100.0%)AGAINST: 67,609 (0.0%)ABSTAIN: 11,871 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Jeffrey A. Craig” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,630,68820 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,459,6740 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street506,2790 00For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For
SEI287,5450 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

12. Election of Directors: Andrew P. Hider

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-05.

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 438,754,124AGAINST: 1,773,327

Baxter International Inc.’s own tally for this item (“Elect Director: Andrew P. Hider”): 438,754,124 for, 1,773,327 against, per its Form 8-K filed 2026-05-08 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 85% for, 0.4% against (85% of the company cast a for/against vote).

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (228,703,845 for, 9 against).

FOR 99.9%
FOR: 228,703,845 (100.0%)AGAINST: 9 (0.0%)ABSTAIN: 11,871 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Election of Directors: Andrew P. Hider” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,630,6989 10For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,459,6740 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust4,182,8460 00For
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,304,2010 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
State Street506,2790 00For
Clark Fork Trust471,2250 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable369,6400 00For
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For
SEI287,5450 00For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

13. Approval of Amendment to the Baxter International Inc. Amended and Restated Certificate of Incorporation to Amend Board Size

CORPORATE GOVERNANCE

Meeting held 2026-05-05.

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 105 asset managers below cast 98% of the shares they voted on this item FOR (224,235,927 for, 4,359,140 against).

FOR: 224,235,927 (98.1%)AGAINST: 4,359,140 (1.9%)ABSTAIN: 85,877 (0.0%)NOT VOTED: 392 (0.0%)
Largest asset managers voting on “Approval of Amendment to the Baxter International Inc. Amended and Restated Certificate of Incorporation to Am” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard74,551,02879,673 70For
Dodge & Cox44,707,7000 00For
Fidelity39,003,7650 00For
BlackRock36,452,6397,035 00For
Charles Schwab5,363,3330 00For
Bridge Builder Trust510,3893,672,457 00Against
Investment Managers Series Trust III3,681,3310 00For
Lincoln Financial2,945,6770 00For
Invesco2,217,7250 00For
John Hancock1,854,7100 00For
ADVISORS SERIES TRUST1,332,4480 00For
Transamerica1,301,8792,322 00For
TIAA1,131,2170 00For
TOCQUEVILLE ASSET MANAGEMENT L.P.1,092,9000 00For
LIBERTY ALL STAR EQUITY FUND753,2350 00For
Nationwide623,9970 00For
FundVantage Trust525,4470 00For
State Street505,343936 00For
JPMorgan454,7680 00For
Jackson National437,3610 00For
AIG/SunAmerica402,1350 00For
Equitable116,590253,050 00Against
T. Rowe Price350,2710 00For
James Alpha Funds Trust331,9740 00For
SEI287,5450 00For

Showing the 25 largest of 105 asset managers. See all 105 in the interactive database.

14. Adopt Incentive Stock Option Plan

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-05.

45.1% fund support · no official result

FOR 45.1%AGAINST 54.9%

The 4 asset managers below cast 45.1% of the shares they voted on this item FOR (2,336 for, 2,849 against).

FOR: 2,336 (45.1%)AGAINST: 2,849 (54.9%)
Largest asset managers voting on “Adopt Incentive Stock Option Plan” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
LEAVELL INVESTMENT MANAGEMENT, INC.02,849 00Against
Cove Private Wealth, LLC1,1120 00For
TEALWOOD ASSET MANAGEMENT INC7000 00For
McGowan Group Asset Management, Inc.5240 00For

15. Advisory Vote to Approve Named Executive Officer Compensation for 2024

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-06 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 3 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%
FOR: 405,175,420AGAINST: 40,433,760

Baxter International Inc.’s own tally for this item (“(b) By the following vote, stockholders approved, on an advisory basis, the compensation paid to the Company's named executive officers for 2024:”): 405,175,420 for, 40,433,760 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 516,469,008 outstanding shares: 78% for, 8% against (86% of the company cast a for/against vote).

The 4 asset managers below cast 10% of the shares they voted on this item FOR (72,619 for, 634,988 against).

10%AGAINST 90%
FOR: 72,619 (10.3%)AGAINST: 634,988 (89.7%)
Largest asset managers voting on “Advisory Vote to Approve Named Executive Officer Compensation for 2024” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
PENSIOENFONDS RAIL & OV0628,463 00Against
Ultimus Managers Trust56,5000 00For
Investment Management Corp of Ontario16,1190 00For
OSSIAM06,525 00Against

16. Amend Certificate of Incorporation Re: Board Size

CORPORATE GOVERNANCE

Meeting held 2026-05-05.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (882,188 for, 0 against).

FOR: 882,188 (100.0%)
Largest asset managers voting on “Amend Certificate of Incorporation Re: Board Size” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP801,5310 00For
Empower80,6570 00For

17. Amend Omnibus Stock Plan

COMPENSATION

Meeting held 2026-05-05.

Combines 2 wordings of this item as funds reported it.

91% fund support · no official result

FOR 91%9%

The 2 asset managers below cast 91% of the shares they voted on this item FOR (801,531 for, 80,657 against).

FOR: 801,531 (90.9%)AGAINST: 80,657 (9.1%)
Largest asset managers voting on “Amend Omnibus Stock Plan” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP801,5310 00For
Empower080,657 00Against

18. Amend Articles-Board Related

CORPORATE GOVERNANCE

Meeting held 2026-05-05.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,224 for, 0 against).

FOR: 1,224 (100.0%)
Largest asset managers voting on “Amend Articles-Board Related” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
TEALWOOD ASSET MANAGEMENT INC7000 00For
McGowan Group Asset Management, Inc.5240 00For

19. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2026-05-05.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at Baxter International Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
TEALWOOD ASSET MANAGEMENT INC7000 00For
McGowan Group Asset Management, Inc.5240 00For

Largest Baxter International Inc. shareholders voting in 2025-2026

Ranked by the number of Baxter International Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 516,469,008 shares outstanding at the time of that meeting.

Top Baxter International Inc. shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Dodge & Cox 19.02%
2Vanguard 15.50%
3Fidelity 13.74%
4PZENA INVESTMENT MANAGEMENT LLC 10.79%
5BlackRock 10.13%
6GEODE CAPITAL MANAGEMENT, LLC 2.65%
7GREENHAVEN ASSOCIATES INC 2.47%
8Charles Schwab 2.16%
9STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.21%
10First Pacific Advisors, LP 1.09%

Reported Baxter International Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Baxter International Inc. beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
BlackRock 15.37% 13F
PZENA INVESTMENT MANAGEMENT LLC 12.65% 13G
Vanguard Group 12.13% 13F
FMR (Fidelity) 8.96% 13F
BlackRock Portfolio Management LLC 8.70% 13G
State Street 3.87% 13F
Invesco 2.54% 13F
Morgan Stanley 1.67% 13F
Dimensional Fund Advisors 1.15% 13F
Charles Schwab 1.08% 13F

Percentages above are of 516,469,008 shares outstanding, as reported by Baxter International Inc. on its Form 10-Q dated 2026-04-24 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Baxter International Inc.’s 10-Q dated 2026-04-24. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Baxter International Inc.'s shareholder meeting held 2026-05-05, in the 2025-2026 proxy season, 765 asset managers reported how they voted in their SEC Form N-PX filings, covering 7,642 separate fund positions. Their filings are grouped here into 19 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory Vote to Approve Named Executive Officer Compensation for 2025 — FOR was 91% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Baxter International Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-05-08.

Baxter International Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).